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Daily FX Market Commentary
Good morning, LMAX Close USDJPY 111.727 | EURUSD 1.1849 | AUDUSD 0.79368 | NZDUSD 0.72726 | USDCAD 1.23702 | USDCHF 0.96657 | GBPUSD 1.34693 | LMAX Highs and Lows 5am GMT Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â High | Low EURUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.18617 | 1.1846 USDJPYÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 111.801 | 111.499 GBPUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 1.34850 | 1.34649 USDCHFÂ Â Â Â Â Â Â Â Â Â Â Â Â Â 0.96699 | 0.96529 AUDUSDÂ Â Â Â Â Â Â Â Â Â Â Â Â 0.79488 […]
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Traditional Safe Haven Bids Return
We come into Tuesday with the market thinking more about the flight to safety trade as the traditional beneficiaries of such flow outperform. Not only have we seen appreciation in the Yen and Swiss Franc, but the US Dollar has also generated demand.
Wa…